The free Moving Average Trend Dashboard indicator for mt4 (Metatrader 4) follows the trend and provides all moving average buy and sell trends in a dashboard.
The indicator appears in the main MT4 chart window as a buy and sell signal arrow indicator dashboard.
Buy & Sell Trade Example
- A buy signal occurs when most time frames display a blue buy arrow.
- A sell signal occurs when most time frames display a red sell arrow.
The Moving Average Trend Dashboard indicator can be used for both trade entry and exit signals, or to confirm buy & sell trade setups issued by your favorite trading systems or strategies.
For scalping purposes, the indicator tends to produce the best results in the London and U.S. trading sessions.
The indicator works equally well on all assets (Forex, CFD stocks, Indices, Cryptocurrencies, Commodities,..) and shows promising results if used correctly.
Free Download
Download the “Ma trend.mq4” indicator for MT4
Indicator Chart (EUR/USD H1)
The picture below shows the Moving Average Trend Dashboard mt4 indicator in action on the trading chart.
Tips:
Feel free to use your own favorite trade entry, stop loss and take profit method to trade with the Moving Average Trend Dashboard Forex indicator.
As always, trade in agreement with the overall trend and practice on a demo account first until you fully understand this indicator.
Please note that even the best trading indicator cannot yield a 100% win rate over long periods.
Indicator Specifications & Inputs:
Trading Platform: Developed for Metatrader 4 (MT4)
Currency pairs: Works for any pair
Time frames: Works for any time frame
Trade Style: Works for scalping, day trading and swing trading
Input Parameters: Variable (inputs tab), color settings & style
Indicator type: Dashboard
Does it repaint? No.
Moving Average Trend Dashboard + Waddah Attar Scalping Strategy for MT4
This scalping strategy combines the Moving Average Trend Dashboard Indicator for MT4 with the Waddah Attar Forex Scalping Indicator for MT4.
The setup uses multi-timeframe moving average alignment from the dashboard to confirm trend direction, and the Waddah Attar indicator to capture fast momentum entries.
Together, they help traders take precise scalping trades in the direction of the dominant trend while filtering out false signals.
The Moving Average Trend Dashboard shows blue arrows for bullish conditions and red arrows for bearish ones, from the 1-minute up to the monthly chart.
The Waddah Attar indicator generates green histograms for buy momentum and red histograms for sell momentum.
When both indicators align, traders can enter short-term scalps with confidence and controlled risk.
Why this combination works
The Moving Average Dashboard ensures you only trade in the direction of the dominant market trend.
The Waddah Attar indicator measures momentum strength, allowing traders to enter trades at the start of strong moves.
This combination aligns higher-timeframe bias with real-time momentum, a proven approach to achieving consistent scalping results even during volatile sessions.
Buy Entry Rules
- Check that the majority of arrows on the Moving Average Trend Dashboard are blue, showing a bullish trend across key timeframes such as M5, M15, and H1.
- Wait for the Waddah Attar histogram to turn green, confirming upward momentum.
- Enter a buy trade at the open of the next candle after both signals align.
- Place the stop loss 8 to 12 pips below the nearest swing low.
- Set a take profit target of 10 to 20 pips, depending on pair volatility.
- Exit early if the Waddah Attar histogram turns red or the dashboard shifts to red arrows.
Sell Entry Rules
- Check that most arrows on the Moving Average Trend Dashboard are red, showing a bearish bias across key timeframes.
- Wait for the Waddah Attar histogram to turn red, confirming downside momentum.
- Enter a sell trade at the open of the next candle after confirmation.
- Set the stop loss 8 to 12 pips above the recent swing high.
- Target 10 to 20 pips profit or the next nearby support level.
- Close early if the Waddah Attar histogram turns green or the dashboard flips blue.
Advantages
- Strong trend confirmation using multiple timeframes.
- Momentum-based entries improve timing and accuracy.
- Clear visual display suitable for both new and experienced traders.
- Low-risk entries with small stops are ideal for scalping sessions.
- Works well in trending market conditions on major pairs.
Drawbacks
- False signals can occur during flat or ranging markets.
- Requires active monitoring and fast execution on lower timeframes.
- Performance depends on broker spread and execution speed.
Case Study 1 – GBP/JPY M5
During the London session, GBP/JPY showed a strong uptrend across M5, M15, and H1, with all dashboard arrows turning blue.
The Waddah Attar histogram flipped green as momentum increased after a minor retracement.
A buy trade was opened at 187.45 with a stop at 187.30 and a target at 187.70.
The trade reached its target within 20 minutes, yielding 25 pips.
The alignment of the higher-timeframe trend and short-term momentum ensured a clean scalp with minimal drawdown.
Case Study 2 – EUR/USD M15
Later in the New York session, EUR/USD displayed red arrows across the M15 and H1 dashboard timeframes.
The Waddah Attar histogram turned red, confirming renewed selling pressure after a short consolidation.
A sell trade was taken at 1.0892 with a stop loss at 1.0905 and a take profit target of 1.0872.
Within an hour, the price reached the target, producing 20 pips profit.
The method effectively captured the short-term move in line with the broader trend.
Strategy Tips
- Focus on liquid pairs such as EUR/USD, GBP/JPY, and USD/JPY for lower spreads and better execution.
- Trade during high-volume sessions (London and New York) to capture momentum-based opportunities.
- Avoid trading when dashboard timeframes are mixed, as this signals uncertainty.
- Keep risk per trade low, ideally below 2% of your account balance.
- Backtest on different pairs and timeframes to find optimal parameter settings for the Waddah Attar indicator.
This strategy combines trend strength and momentum in a clear and structured way.
When used patiently with disciplined entries and exits, it can deliver consistent short-term profits in fast-moving markets.
